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CBN approves $20,000 for eligible BDCs at N1,580 exchange rate

CBN approves $20,000 for eligible BDCs at N1,580 exchange rate

the CBN has approved the sale of 20,000 dollars to each eligible BDCs operator at the rate of N1, 580/dollar. This is to meet the demand for invisible transactions.

7 Sept 2024 7:29 PM IST
CPPE urges CBN to stabilise exchange rate, peg customs duty at N1,000

CPPE urges CBN to stabilise exchange rate, peg customs duty at N1,000

According to him, the situation has led to high volatility in cargo clearing costs, worsening inflationary pressures and aggravating investment risk, especially in the real sector of the economy.

2 May 2024 3:55 AM IST